Progressive Taxation as an Automatic Stabilizer under Nominal Wage Rigidity and Preference Shocks
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More about this item
Keywords
Progressive Income Taxation; Automatic Stabilizer; Nominal Wage Rigidity; Preference Shocks.;All these keywords.
JEL classification:
- E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy
NEP fields
This paper has been announced in the following NEP Reports:- NEP-DGE-2020-04-06 (Dynamic General Equilibrium)
- NEP-MAC-2020-04-06 (Macroeconomics)
- NEP-PBE-2020-04-06 (Public Economics)
- NEP-PUB-2020-04-06 (Public Finance)
- NEP-UPT-2020-04-06 (Utility Models & Prospect Theory)
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